LBLV is a Forex and CFD Broker that features on its trading platform currency pairs as well as CFDs on shares, indices, commodities. The average spread is for EUR/USD 0.3 pips*, real trading is possible with a minimum deposit of $5 000. The LBLV website is available in English, Russian, Brazilian Portuguese, Spanish, Arabic, Azerbaijani
What do we cover in our LBLV Review?
|General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|
Basic information about the broker
- Website address: www.LBLV.com
- Instruments: Forex, CFDs – Shares, indices, commodities
- Minimum deposit: $5 000
- Demo account: N/A
- Methods of deposit and withdrawal: Skrill, Netteler, WebMoney, Yandex Money, QIWI, Bank transfer, Credit and debit cars (Visa and MasterCard)
LBLV Trading Platform
For FX and CFD trading, LBLV offers MT5. A popular platform used not only for executing trades but also for analyzing financial markets and automated trading. MT5 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. The trading platform gives access to over 400 trading instruments.
LBLV fees (spreads)
As any other CFD broker, LBLV charges a spread fee. For the most current spread charges, please visit the LBLV.com website. Here is a spread comparison table that contrasts LBLV spreads with popular industry competitors.
*Average spreads recorded on 19.10.2019. Information about spread was taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.
Advantages and disadvantages
Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce LBLV.
- Tight spreads
- High minimum deposit
- Unknown regulation (more info below)
To sum up the LBLV Review
The broker has very tight spreads and offers around 400 tradable assets, which traders can trade from the MT5. The minimum deposit to start trading is quite high, 5 000 dollars.
The LBLV broker states on its website that it is regulated by the Financial Services Authority (“FSA”). FSA, however, no longer functions. In the past, it used to be a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom between 2001 and 2013 (“1”). Today, the UK market is overwatched by the Financial Conduct Authority (FCA), and the company LBLV is not in its register. I, therefore, have to assume that the broker is not regulated by any financial authority.
Your review can make a difference to other traders, please leave a comment if you have any personal experience with LBLV.
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